BANGKOK, August 31, 2016 – The Stock Exchange of Thailand (SET) will list Rajthanee Hospital pcl, a private hospital in Ayudhya province on September 1, under the ticker symbol “RJH”. The company has a market capitalization at its initial public offering (IPO) of THB 4.8 billion (approx. USD 137 million).

SET Senior Executive Vice President Santi Kiranand said RJH would list and start trading on SET’s Services industry group, Healthcare sector. The company and its subsidiary operated a combined of 353-bed private hospital named “Rajthanee Hospital” and “Rajthanee Rojana Hospital” in Ayudhya province, a major industrial hub in central Thailand, providing medical care services primarily for the nearby residents and those in neighboring provinces. The company specialized in cardiology, brain surgery and emergency cases. Its main customers were from both individual and social security patients

RJH has a paid-up registered capital of THB 300 million, consisting of 225 million existing common shares and 74.99 million newly-issued shares with a par value of THB 1.00 each. During August 24-26, 2016, RJH offered 70.37 million newly issued shares to the general public via IPO and 4.62 million shares to directors, executives and employees at THB 16.00 each, for a total of THB 1,199.99 million. Thanachart Securities pcl is its financial advisor and underwriter.

RJH Managing Director Wachira Wudhikulprapan said this listing would strengthen the RJH’s financial capabilities and support RJH’s business plan to build a new nine-story building, to house a medical center, and magnetic resonance imaging center, as well as increasing working capital. This aims to provide prime healthcare quality and services, while fulfilling the role as a leading hospital in Ayudhya province and the southern of central region.

RJH’s three major shareholders after the IPO are Prasithirun Group (24.64 percent), Wudhikulprapan Group (11.05 percent), and Vibharam hospital Co., Ltd (7.94 percent). The IPO price, set by a book building process, was equivalent to price-to-earnings ratio (P/E ratio) of 41.89 times, calculated by using the company's net profit in the past 12 months (July 1, 2015 - June 30,2016) divided by fully diluted shares, representing earnings per share of THB 0.38. RJH’s dividend policy is to pay no less than 40 percent of net profits after taxes and reserves.

For more information on RJH, please see the company’s prospectus at the Securities and Exchange Commission’s website at www.sec.or.th and general information at the company’s website at www.rajthanee.com , as well as www.set.or.th .

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